Posting old news as its new to hook new folks is down right wrong! Lets discuss the current pps and future. I like opk long term.Short term i fear a down grade due to a 6 dollar run in short order and news which everyone seems to know thats coming.All i can say is that news better be better then everyone thinks are the selling will be fast and furious
Time will tell in the short term how this plays out. Looking at the 6 month chart we see a possible move to back test the 20dma. Opk has priced a lot of roses in and i feel the chance of a down grade is possible.Granted anything is possible as the stock has held up good even with all indicators saying its way over bought.
Why do you think the move from 13.50s to 18.35s wasn't the move? Are you saying the news that you and everyone else knows thats coming going to surprise the market and take it higher? Ok if thats what your saying.
What if the news that you know thats coming disappoints? What if the news you knows coming is just like you and most everyone thinks? Do stocks ever price stuff in before they happen?
RAD july 9.00 calls seeing massive call buying compared to its open interest today. So far today 140,261 calls have been bought. Thats huge buying in rad
I think the rally in the shares over the past couple weeks was fueled by covering of the bears.I doubt know they try to short the stock.Better guess some large funds lighten up on there holdings as a stock hits new highs. Every-time a stock goes down its not due to a bear raid.More often then not its a long fund selling to take profit. Granted some short players jump on a quick pop down but the larger players aren't in for a flip.In fact generally the largest shorts are hedges for long positions. Opk has some merger news, nda filing news that everyone seems to know about.Do you think a fund waits to the news hits that everyone knows to start taking profit hoping enough new rubes want to buy a new high and will keep pushing it higher? Opk might keep going up, opk might pull back to the 20dma.Who knows and folks who think a ton of folks will catch it when it falls will likely be right or wrong lol Just explain to me if possible why it goes higher when the news everyone knows thats coming comes, thanks!
Thats how he make money.You think they are short but in fact hedge funds pay guys like goat to bash so they can buy.As of yesterday short interest was almost a all time low.16,665 shorts was yesterdays vol and only about 212,00 in total for the last month. Hardly a massive short bet in dara in fact the naked shorting i imagine is likely much higher . Thanks goat for showing us your skills of posting rubbish!
Very intelligent post.I guess your opinion is the only one that matters.Thanks for showing everyone you can still act like a high school child with the name calling! I sure don't think my posts effect the price.Never did and never will thank you !
Thanks, so your not in or short the stock. Thanks for answering the question! No need for folks to wonder why your always down on the stock.You like to buy it lower lol I agree dar isn't for your ira but for a swing trade a couple weeks and few months is more my style
Again whats your position in dara? Are you just a investor who got burned and now are bitter? Whats your position? Please dont tell me your just someone who gets paid to post?
I had dara about a year ago and got a 50% in short order. No saying anything other then i see big potencial in the pps to the upside.My money is where my mouth is...is yours? I see yesterdays short interest was 16,665. Whats your position?
I don't think the fall is from short sellers more then i think funds are starting to lighten up on the barn burner move that was likely fueled by shorts and the news everyone knows thats coming
So everyone knows it.Everyone thinks it.What happens when everyone thinks somethings gonna happen? Wall Street doesn't give money away ofter.Fact is you hit 18.35 today not far off your target and a few dollars higher then most analysts think it should trade. Maybe everything goes as you plan.All take the other side with my puts. Opk has been running for 9 days, really. Do stocks just go up parabolic forever? Like you said everyone knows whats coming.Lets see what the next days bring! #$%$ luck!!
How many shares are currently in the O/S and float? Has the company any convertible debt? I don't see any 8k for that. I think if you look at the past only you can sometimes be very correct.while other times stayed overly bearish for to long.Every dog has its day.I gave some tickers that showed that.As you could give some that keep going down.At this point i feel the sector for orphan drugs is good to be in and if dara CAN deliver then you wont see this trading below a dollar for long.Thanks for a better dialog!
I agree, sometimes when everyone knows whats coming its buy the rumor and sell the news. I like opk i just think in the near term it went and priced a lot of roses in.Will see, thanks for the good dialog
The stock broke out weeks ago. What chart are you looking at? At what point do you think a stocks good news gets priced in? Or are you just someone who always says buy and holds all pull backs?
I agree Dara stock has preformed badly if you look at the charts. Granted if you only look at the past you'll also never see the future.I'm currently looking at the future prospects and see potencial.Time will tell thats for sure.I hold 60,000 shares so my money is where my mouth is. I know pbmd looked dead a week ago.Isr looked dead a year ago.Gtxi looked dead at .50 before it doubled .So Dara starts to deliver, yes they must deliver i see at least a double if not more.15 million market cap to 30-50 mill still isnt that much
Agreed longer term 20 could be possible but thats pricing in about a 10 billion market cap.Thats really getting into bio bubble area.The revs for opk are only 30 million? I think back filling is needed to the 20dma before another upward move can begin but who knows really. My gamble is the stock pulls back. Long june monthly puts 17.50 strike. Position was bought today and in fact the only trade of the day.I try not to risk a lot but maybe a double if I'm correct. If I'm wrong and the stock gaps huge and never looks back i can only lose the amount paid for the put